Today, Radisys said orders aren’t coming in as quickly as it expected. Revenue from communications equipment sales it had been counting on in the third and fourth quarter will arrive at least a quarter later than anticipated.

In particular, chief executive Brian Bronson said that the company had expected an order from an Asian communications company that hasn’t come in. But Bronson said he still expects the sale – and more business from that unnamed company in time.

“Our relationship with this carrier is excellent,” Bronson said in a written statement, “and we are in the initial stages of what I believe will be a meaningful long-term partnership that could generate over $10 million of revenue over the next couple of years.”

Radisys’ third-quarter revenues totaled $54.1 million, below the $55 million to $60 million the company had told investors to expect and down 15 percent from a year ago.

Third-quarter losses totaled $12.7 million, 44 cents a share, compared to a loss of $35.1 million a year earlier, $1.28 cents a share.

In the current quarter, Radisys said it expects sales will be down at least 28 percent from the fourth quarter of 2012.

Radisys’ share price fell 11 cents today, closing at $2.81 before the company reported financial results. In the past year, the stock has traded between $2.02 and $5.20.